Admitted Lawyers Professional Liability Insurance Coverage Highlights

Coverage Highlights

• Available in all states except CA, OR, and LA
• Limits up to $5M on eligible accounts
• Broad definition of professional legal services including notary public, title insurance agent, and publication or presentation of research papers or similar materials
• Predecessor firm coverage included
• Loss of earnings
• Disciplinary proceedings
• Coverage provided for independent contractors and “of counsel”
• Ability to quote from competitor’s full application

Coverage Eligibility

• 1-20 attorneys with a minimum of one full-time attorney
• Minimum of three years of experience
• No coverage for employed attorneys

Firms Typically Not a Fit

• Firms with hazardous AOPs to include:
  • Acquisitions/mergers
  • Bonds
  • Collection firms
  • Class action/mass tort
  • Entertainment
  • Environmental
  • Intellectual property (C/P/T)
  • Investment counseling/tax options
  • Oil and gas
  • Medical malpractice
  • Product liability
  • Securities
• High-net-worth clientele
• Joint venture with clients
• High percentage of revenue generated from one client
• Previous non-renewal due to claim activity/disciplinary action
• Severe claim or incident activity